Introduction: Financial Intermediation in the Age of Global Capital

Gary L. Perlin
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Gary L. Perlin: Princeton University’s

Chapter 1 in Financial Intermediation in the 21st Century, 2001, pp 1-3 from Palgrave Macmillan

Abstract: Abstract In order to assess the likely nature of financial intermediation in the twenty-first century, it is necessary to begin by describing the state of financial intermediation at the close of the twentieth century and the challenges facing it. I suggest we focus on matters of risk rather than on the associated businesses of aggregating funds, processing payments and so on.

Keywords: Balance Sheet; Risk Premia; Financial Intermediation; Global Capital; Processing Payment (search for similar items in EconPapers)
Date: 2001
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-29412-7_1

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DOI: 10.1057/9780230294127_1

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